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Monday, April 21, 2025

Stanford Lands home prices fall in the first half of 2017

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The median sale price of a home sold in the first half of 2017 in Stanford Lands fell by $1,162,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From January through June of 2017, there were two homes sold, with a median sale price of $1,675,000 - a 41% decrease over the $2,837,500 median sale price for the same period of the previous year. There were two homes sold in Stanford Lands in the first half of 2016, as well.

The median sales tax in Stanford Lands for the most recent year with available data, 2015, was $9,256, approximately 0.6% of the median home sale price for the first half of 2017.

The following table compares Stanford Lands to other San Mateo County cities with similar median sales prices in the first half of 2017:

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Menlo Park164169-3%$1,852,000$1,960,000-5.5%
Sequoia2632-18.8%$1,835,000$1,399,50031.1%
Devonshire5366.7%$1,800,000$1,870,000-3.7%
Burlingame Hills57-28.6%$1,800,000$1,550,00016.1%
Emerald Lake Hills2728-3.6%$1,751,000$1,763,000-0.7%
Stanford Lands220%$1,675,000$2,837,500-41%
San Carlos1721626.2%$1,600,000$1,491,7507.3%
Belmont1109614.6%$1,597,500$1,415,00012.9%
Miramar6520%$1,497,500$1,365,0009.7%
Millbrae896634.8%$1,465,000$1,300,00012.7%
Los Trancos Woods41300%$1,427,500$1,120,00027.5%

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